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>>neil: the president and speaker boehner meeting. is it because my superpowers are clearly working? a reminder that is built to scale. no need to thank me now, citizens of earth because we may have gotten them together, but yours truly is not happy with what he is hearing. >> welcome, everyone, on a busy morning, i am neil cavuto. one step back, 21 days before the big day. the deal taking shape would put off $100 million in spending cuts by finding savings now but the cuts could be addressed next fall with the potential tax hike as a trigger, a reverse sequestration. so back up for the tax hikes. that would be like me saying i will go on a diet next year. it doesn't mean i will be eating fewer canollis this year. it is time to watch this, my co-super hero. what do you make of this? i'm not encouraged. >>guest: not encouraged. we started hearing when speaker boehner started talking framework, that is kicking the can down the road. the irony is, the debt ceiling debacle from last year they said it would be the last one, when we come to
>>neil: the president and speaker boehner meeting. is it because my superpowers are clearly working? a reminder that is built to scale. no need to thank me now, citizens of earth because we may have gotten them together, but yours truly is not happy with what he is hearing. >> welcome, everyone, on a busy morning, i am neil cavuto. one step back, 21 days before the big day. the deal taking shape would put off $100 million in spending cuts by finding savings now but the cuts could be...
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Dec 11, 2012
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what you see is what house speaker john boehner said he is hopeful a deal will be reached, but also added the g.o.p. wants the white house to provide details on spending cuts. but in the white house wants the same thing from the g.o.p. but either way that is good enough for the market. we took off and we stayed to the upside. so far neither side has been specific on spending cuts so coming up in just one hour o ony 4:00 p.m. eastern, former treasury secretary paul o'neill says he has easiest way to cut spending. fox business exclusive and in this our whole host of leaders in business talking about what specific they want to see. in terms of individual standouts. apple right now about 2% to the upside. some excitement over the iphone 5. how is this for a order in china. brenda marshall says china unicom has more than 300,000 people on the waiting list. nicole petallides with talk about this earlier, but that is enough to boost the stock. sales in china friday, can you imagine the lines? sec don't airlines is soaring. up nearly 6%. delta says they will buy 49% of virgin atlantic. the price
what you see is what house speaker john boehner said he is hopeful a deal will be reached, but also added the g.o.p. wants the white house to provide details on spending cuts. but in the white house wants the same thing from the g.o.p. but either way that is good enough for the market. we took off and we stayed to the upside. so far neither side has been specific on spending cuts so coming up in just one hour o ony 4:00 p.m. eastern, former treasury secretary paul o'neill says he has easiest...
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. >> then it looks like a win for boehner. that's -- i see that as his way not to lose his job and not to have all those republicans who, by the way, really don't like him being in the room alone. he becomes, you know, more of a collaborationist in that room alone with obama. >> they would prefer certain members of the republican party would like to see these televised, these negotiations televised on c-span. john boehner has said i don't want any of the congressional leadership. it's me and you. >> seconds and thirds in there have cantor in there and mccarthy in there, some other people. >> i'm sure cantor would like to be in there. >> yes. >> michael steele, the other thing -- the other sort of pieces of leverage here, if they exist for the republican party, are continuing unemployment insurance. 2.1 million long-term unemployed americans will lose benefits at the end much the year. another million will lose benefits in the next three months if we do nothing. the republicans have sort of said we're going to hold this stuff.
. >> then it looks like a win for boehner. that's -- i see that as his way not to lose his job and not to have all those republicans who, by the way, really don't like him being in the room alone. he becomes, you know, more of a collaborationist in that room alone with obama. >> they would prefer certain members of the republican party would like to see these televised, these negotiations televised on c-span. john boehner has said i don't want any of the congressional leadership....
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and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they want either way. this is trufrustrating republic. when i talk to republicans privately, they say this is hugest from trags. the speaker has put $800 billion on the table and said he would go higher than if the president would come along with spending cuts. >> how high are you hearing? >> it's unclear. i think he's just signaling a willingness which many republicans tell me will also end up being a move on the tax rates. but he can't go there with his caucus, unless he has the spending cuts that he can sell $800 billion in revenue, and we're going to get you $800 billion in spending cuts. democrats don't
and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they...
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Dec 11, 2012
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earlier this afternoon, a key word from speaker boehner. the recent silence from his office and the administration breaking down. listen to this. >> i'm hopeful we can reach an agreement. this is a serious issue and there's a lot at stake. the american people sent us here to work together towards the best possible solution. that means cutting spending. now, the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. >> joining us right now, republican senator from georgia, johnny isakson, good to have you on the program. thanks for joining us. john boehner saying he wants to see spending cut proposals on the table. where specifically would you like to see those cuts come from. >> first of all, entitlements are $2 out of $3 we spend, $2.7 trillion a year. they need to be reformed. over time you can save a lot of money without taking away what people have paid for in terms of social security and medicare. we have to cut discretionary spending. i will tell you discret
earlier this afternoon, a key word from speaker boehner. the recent silence from his office and the administration breaking down. listen to this. >> i'm hopeful we can reach an agreement. this is a serious issue and there's a lot at stake. the american people sent us here to work together towards the best possible solution. that means cutting spending. now, the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the...
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Dec 12, 2012
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speaker john boehner has to be re-elected. if he does sort of curve to the left and finds his way down the middle, he can almost guarantee he's re-elected; right? >> well, he has to earn the trust of republicans, particularly conservative republicans. if he brings it through and pushes it through, that ruins the republican brand forever. we barely convinced the american people we're against tax increases, but if they pass a tax increases, we're on the road to the minority. that worries members of the conference irrespective of the cliff created, again, by a bad deeing in august 20 # 11 that the american people said don't raise the ceiling, washington raised it, cut spending in the future. that sounds awfully familiar from the white house and out of the speaker and the majority leaders as well. tracy: do you have anied what's -- whatever boehner presented to the white house tonight, do you have any idea what's in the compromise? >> none whatsoever, no details gimp to us, again, undecled cuts, but what i can be certain about, an
speaker john boehner has to be re-elected. if he does sort of curve to the left and finds his way down the middle, he can almost guarantee he's re-elected; right? >> well, he has to earn the trust of republicans, particularly conservative republicans. if he brings it through and pushes it through, that ruins the republican brand forever. we barely convinced the american people we're against tax increases, but if they pass a tax increases, we're on the road to the minority. that worries...
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Dec 7, 2012
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in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that because it is a little difficult to say, yeah we want to raise retirement age for medicare or we want to cut or limit the social security cost of living adjustment. but i think the democrats will say, republicans you have to demand it but we'll give it to you if you demand it. martha: seems there are two levels of the political reaction to all of this. you've got the moment when a deal is reachesed, okay? you have what happens to the economy, six, seven, eight months down the road. if indeed you allow taxes to go up on all 100% and it starts to hit businesses
in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that...
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the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no leverage. the consequences of doing nothing before the december 31st meeting were worse for them than democrats. they looked into 2013 and maybe found something there. they're threatening again to hold the full credit of the united states hostage. joous lick the debacle of 2011. obama's official position on this is he won't be blackmailed. and he won't -- but this is a dangerous game. if republicans are serious about pulling a repeat of 2011, obama can't ignore them. since it will wreck immediate havoc on the economy. white house wants at the very least a lon
the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no...
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that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reag
that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer...
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now, this may well present a problem for john boehner's caucus, because john boehner sent a letter to the president this week with his own plan, which advocates what just might be the least popular policy in american politics. okay, maybe that's hyperbole. but just be a tiny bit, i mean, mandatory gay marriage, in which every single married straight person had to immediately divorce their spouse, and accept a state-assigned same-gender spouse to replace them would probably be more popular than what john boehner proposed this week. what john boehner is advocating is making medicare available to fewer americans. as it happens, there is brand-new polling out today on how americans feel about the idea of congress using these deficit negotiations to make cuts to medicare. 79% of americans say they do not want congress to touch medicare in these deficit negotiations. 79%. if you want to get specific about john boehner's proposal, what he wants to do to medicare is to raise the eligibility age from 65 to 67. and as it turns out, there is also recent polling on that specific proposal. and it
now, this may well present a problem for john boehner's caucus, because john boehner sent a letter to the president this week with his own plan, which advocates what just might be the least popular policy in american politics. okay, maybe that's hyperbole. but just be a tiny bit, i mean, mandatory gay marriage, in which every single married straight person had to immediately divorce their spouse, and accept a state-assigned same-gender spouse to replace them would probably be more popular than...
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liz: breaking news, president meeting with boehner, 5 p.m. easternment don't move, here comes the closing bell, six minutes away, and we'll be right back to take you there. blrchg players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doi and being ready, no matter what happens, which isn't rocket science. it's ju common sense, from td ameritrade. liz: not a whale breaching out of the water, but the markets came back a bit on news that the president is meeting with speaker of the house, john boehner, david, at 5 p.m. eastern. the markets came back a little bit. david: see what they have to say. of course; they have been negative talking by themselves, w
liz: breaking news, president meeting with boehner, 5 p.m. easternment don't move, here comes the closing bell, six minutes away, and we'll be right back to take you there. blrchg players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he...
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to which boehner replied whatever times infinity. to which obama see you tonight on fbn. >> eric: hello. i'm eric bolling with kimberly guilfoyle, bob beckel, dana perino, greg gutfeld. it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: something interesting happened amid all the violence yesterday. america got a glimpse in to the soul of organized labor. >> hey! >> i wasn't talking to you. put your hands on me and see what happens. this is my message. leave us alone. we're done. >> but it wasn't always this way. the labor move in the america was once honorable group interested in carving out a slice of the american pie for the middle class. fast forward through decades of tough economic conditions. competition from china, india and brazil and 12 million americans willing to work for less slashed the union membership. organized later on the brink of collapse and the pressure is getting to them. what was a membership of hardworking men and women and big degenerated to band of anarchist thugs. peaceful protest given way t
to which boehner replied whatever times infinity. to which obama see you tonight on fbn. >> eric: hello. i'm eric bolling with kimberly guilfoyle, bob beckel, dana perino, greg gutfeld. it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: something interesting happened amid all the violence yesterday. america got a glimpse in to the soul of organized labor. >> hey! >> i wasn't talking to you. put your hands on me and see what happens. this is my...
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speaker boehner's approval rating is taking a beating. the top tax rates that is a core issue for republicans, even though we are hearing from more of them, a handful of members in both the house and senate talking about the likely hood that that will in fact happen. the highest earners will pay more. that would likely be the last piece of the puzzle in a negotiation. i'm hearing from people in both sides say expect this to keep going and a likelihood if a deal is achievable it will happen close to the deadline seems to be the thinking. they are telling everybody to be prepared to be here during the holidays. we are hearing that as well. there is sort of a resignation that it's going to be a long process. >> thank you, kelly. great le appreciate it. the national political reporter for the atlantic democratic strategist keith bicycle in. amy stoddard, associate editor for the hill paper. thank you all for joining us. let me start off with you. we are going to show our audience later the headlines or a couple of the headlines out there. if
speaker boehner's approval rating is taking a beating. the top tax rates that is a core issue for republicans, even though we are hearing from more of them, a handful of members in both the house and senate talking about the likely hood that that will in fact happen. the highest earners will pay more. that would likely be the last piece of the puzzle in a negotiation. i'm hearing from people in both sides say expect this to keep going and a likelihood if a deal is achievable it will happen...
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the one that speaker boehner is working hard for, we're in it together. we're taxed too little or spending too much or a combination of the two, if we do it, it has to be 100%. neil: do you believe we're taxed too little? >> in some cases dollar taxes that could be different, speaking for myself, from 20% to 15% on capital gains that is not change my considering on capital gains. i am a . >> you are open to the investor-related taxes that go up with this plan? >> i believe that -- >> not income related ? >> i believe that at zero tax you get no revenue, at 100% tax you get no productivity. you are trying to find is what maximum revenue to government is, including maximum economic growth. neil: you would be open to speaker boehner offering the 800 billion in revenue, however that is sorted out, he does not want rate hikes, he wants a limit on deducts and write-offs, would either be fine with you? >> neil, we have a lot of hidden things in tax code. i can take a building and put a new roof, as long as i stay under a certain level. neil: democrats saying tha
the one that speaker boehner is working hard for, we're in it together. we're taxed too little or spending too much or a combination of the two, if we do it, it has to be 100%. neil: do you believe we're taxed too little? >> in some cases dollar taxes that could be different, speaking for myself, from 20% to 15% on capital gains that is not change my considering on capital gains. i am a . >> you are open to the investor-related taxes that go up with this plan? >> i believe...
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boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax reform that includes closing the loopholes, eliminating some of those tax credits, that will actually impact the wealthiest. >> reporter: some republicans said the boehner plan goes too far in taxing the well-off. south carolina senator jim demint, a staunch fiscal conservative, blasted the plan on twitter today. he said speaker boehner's offer of an $800 billion tax hike will destroy jobs and allow politicians in washington to spend even more. but the senate's democratic majority leader harry reid warned republicans against listening to such voices. >>
boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax...
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boehner has toned it down a few notches. you really just have lindsey graham over there shouting a little bit. >> even that is just -- speaking of lindsey graham, let's play it. even he's being careful in what he says. >> the game you're playing is small ball. you're talking about raising rates on the top 2% and run the government for 11 days. just got re-elected. how about doing something big that is not liberal. how about doing something that is bipartisan. every idea he has is a liberal idea that drowns us in debt. how about manning up here, mr. president. >> well, i keep reminding republicans on this is that the white house politically, they can't be the ones proposing major retitlement reforms because the base of the party will eat them alive. >> that's why he is recognizing give the 2% possibly on the tax, but that has to come from the republican party, it can't come from within the white house, yet alone a democrat that just overwhelmingly won. >> sure you watch capitol hill as well as anybody here sitting at this tab
boehner has toned it down a few notches. you really just have lindsey graham over there shouting a little bit. >> even that is just -- speaking of lindsey graham, let's play it. even he's being careful in what he says. >> the game you're playing is small ball. you're talking about raising rates on the top 2% and run the government for 11 days. just got re-elected. how about doing something big that is not liberal. how about doing something that is bipartisan. every idea he has is a...
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after what boehner's republicans in the house did to him. here is how he explained it. >> now despite all of this i wasn't going to make a deal. despite everything they put him through, i was willing to hold fast but they all changed on thursday. because on thursday this man, this grown man was pushed into the congressional ladies' wash room naked from the waist down. they held me down and took my pants. >> they held down and took his pants. and he had to stand there in front of his female colleagues. one hand covering his genitals the other trying to cover his butt crack. neither hand succeeding. >> bill: to hear that in the obama voice is perfect >> bill: to picture john boehner in that embarrassing position. i don't know. >> it's just plausible enough. >> bill: it is. the only thing that is unbelievable about that is that there is a ladies' restroom. there may be one. right? in the entire building. >> it's impossible to find. >> bill: we have heard a lot of complaints about that. i hope congress has made some adams now that there are more
after what boehner's republicans in the house did to him. here is how he explained it. >> now despite all of this i wasn't going to make a deal. despite everything they put him through, i was willing to hold fast but they all changed on thursday. because on thursday this man, this grown man was pushed into the congressional ladies' wash room naked from the waist down. they held me down and took my pants. >> they held down and took his pants. and he had to stand there in front of his...
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>> president obama and representative boehner have announced and boehner's office confirmed they will meet at the white house today at 5:00 p.m. eastern right after -- right after the closing bell, bill. >> right after. >> the point is the house has said they are going away for a long weekend tomorrow, and here we have boehner -- >> wait, don't go yet. >> getting this meeting in at 5:00 p.m., and it's amazing the market came halfway back just on that announcement. not that we have details of a deal, not that we know that we're having an agreement. just the fact that they are meeting. >> actually i thought they would come off the loews much more. >> you did. >> cut it in half, but it stalled here. >> we need more detail. it is encouraging. >> yeah. >> that they are talking. i mean, as long as you've got them in the same room. now, you know, john boehner has said he's leaving tomorrow, come hell or high water. he's going back home to get red for christmas. he says, you know, there is a telephone. >> not leaving for a long weekend. >> you can negotiate over the telephone? >> can't do it.
>> president obama and representative boehner have announced and boehner's office confirmed they will meet at the white house today at 5:00 p.m. eastern right after -- right after the closing bell, bill. >> right after. >> the point is the house has said they are going away for a long weekend tomorrow, and here we have boehner -- >> wait, don't go yet. >> getting this meeting in at 5:00 p.m., and it's amazing the market came halfway back just on that announcement....
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the boehner plan goes for $2 trillionn deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, allght? we're going to get2.2 bilion in t spending of this country. let me repase that. that'll be a $2.2 trillion reduction in the totallanned spending. the growth of our spending will alter, it'lle just about that line right there. we're potentially oking at the republican plan, well, in 2020, i guess the best way to show you isust how tough it is. we'll only have a deficit and a debt, a national debt under the boehner plan -- remember, this is the o plan, is is the b plan -- $25.2 trillion by 2022. mr. obama wants $350 billn in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and whatou and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are playing at the margin. a
the boehner plan goes for $2 trillionn deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, allght? we're going to get2.2 bilion in t spending of this country. let me repase that. that'll be a $2.2 trillion reduction in the totallanned spending. the growth of our spending will alter, it'lle just about that line right there. we're potentially oking at the republican plan, well, in 2020, i guess the best way to show you isust how tough it is. we'll only have a deficit and a debt,...
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boehner on the ninth. different position they vary on revenue as well as the amount of spending cuts. >> i'm not going to comment on internal conversations the president had, meetings the president had, meetings and conversations the -- with the president's -- that the president's team have had. it doesn't help the process. speculation about what was said and spin about what it means does not in my view, or our view, help the process move forward. you know, we hope and remain optimistic about the possibility of an agreement being reached and that is why we are taking the approach we're taking. >> to follow up on what jim and jake were asking, that billion dollar item in the september 19 proposal, that's how off the -- that's now off the table, you said, it's changed a little bit. >> there are some changes to our views on that but it is not -- it does not represent a sizable portion of the overall savings put forward in the proposal and again we're committed to achieving that level of savings. >> $100 billi
boehner on the ninth. different position they vary on revenue as well as the amount of spending cuts. >> i'm not going to comment on internal conversations the president had, meetings the president had, meetings and conversations the -- with the president's -- that the president's team have had. it doesn't help the process. speculation about what was said and spin about what it means does not in my view, or our view, help the process move forward. you know, we hope and remain optimistic...
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i appla like charlie gasperino barack obama's success, john boehner's success, came in hume beginnings, but neither one of us are doing us a favor. neither one of them are deserving of hero worship in a country falling apart. >> i didn't think we should be hero worshipping the president, what i said he's an admirable man that did great things. >> sure, absolutely. >> in this country. i don't agree with his agenda. >> you argue that we haven't lost, to dages point we have it in us, but we haven't shown it? >> the lmakers in washington don't, they're a bunch of gutless weasels who don't-- >> that language there. >> furthermore it's not productive language. well, they're not productive, and criticizing me for calling them gutless when that's exactly what they are. >> i'm trying to draw a distinction between-- >> come on. the gutle weasels on the one hand and not doing a good enough job on the other nd, let's cheer them on and say we honor your service, now, do a better job. >> yeah i got cheered when i didn'tnloadhe dishwasher when i was a kid instead sent to the corner and sit there r th
i appla like charlie gasperino barack obama's success, john boehner's success, came in hume beginnings, but neither one of us are doing us a favor. neither one of them are deserving of hero worship in a country falling apart. >> i didn't think we should be hero worshipping the president, what i said he's an admirable man that did great things. >> sure, absolutely. >> in this country. i don't agree with his agenda. >> you argue that we haven't lost, to dages point we have...
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Dec 13, 2012
12/12
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speaker boehner has been trying to do that. the money is just flowing out, we will continue to talk about the legislature and the president has not come to the kitchen table with a real plan. tracy: the crazy part is that we should have been at the kitchen table in september. instead you have eric cantor saying don't make holiday plans, we will be here until the lights go on december 31. >> it actually goes back further than that. for the last two years, republicans have asked this administration to do what you're saying you're going to do very come to grips with your so-called lanced approach. for two years, we have been asking the administration to do that. back from when we pass the budget control act and the so-called super committee. we have been asking the president come to grips with the spending issue. he does a lot of good talking on the tump. maybe you can use your marriage analogy a little further. he has dalliances with special interest groups. when he comes back to washington, he turned completely off on that issue
speaker boehner has been trying to do that. the money is just flowing out, we will continue to talk about the legislature and the president has not come to the kitchen table with a real plan. tracy: the crazy part is that we should have been at the kitchen table in september. instead you have eric cantor saying don't make holiday plans, we will be here until the lights go on december 31. >> it actually goes back further than that. for the last two years, republicans have asked this...
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Dec 11, 2012
12/12
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boehner wants more specifics of obama. who's going to show their hand first in this game of chicken? >> well, i certainly hope the president doesn't because he's got all the cards. he has aces up the sleeve so, you know, the bush tax cuts simply expire at the end of the year. i know there's a lot of worry and a lot of concern about what happens if we go over the fiscal cliff, curb, slope, whatever. maybe it's not optimal but it's way better than a bad deal and i think i can't see getting a serious deal done before the holidays. if you talk about all of the intricate things that wonks on both sides maybe could agree, i'm not sure i would agree to any of them, they're so complicated. senator durbin made this point. maybe you force changes on medicare or social security, i hope not but if you do, you can't do that in ten days or five business days or whatever it is. these things take a lot of time and so for the president to -- for democrats to agree to sort of kick the can, extend the tax cuts for another period of time is c
boehner wants more specifics of obama. who's going to show their hand first in this game of chicken? >> well, i certainly hope the president doesn't because he's got all the cards. he has aces up the sleeve so, you know, the bush tax cuts simply expire at the end of the year. i know there's a lot of worry and a lot of concern about what happens if we go over the fiscal cliff, curb, slope, whatever. maybe it's not optimal but it's way better than a bad deal and i think i can't see getting...
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Dec 13, 2012
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maybe, a deal that some conservatives say could cost speaker boehner his job. the a-team coming up next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethinthe core of my portfolio what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. hares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. lou: joining me now is the a-time, suzanne we start with you, is this going to be a deal or are speaker boehner and president obama wasting our time? the sticking point is not the tax rates, i think that real sticking point is cuts, democrats are not willing to put forward enough cuts to get republicans to say what they promised they would do, at least consider the rate going up. lou: this -- president comes with a dial, most recent c
maybe, a deal that some conservatives say could cost speaker boehner his job. the a-team coming up next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethinthe core of my portfolio what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. hares by blackrock. call 1-800-ishares for a prospectus which includes...
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Dec 9, 2012
12/12
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WUSA
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and frankly, and that's what speaker boehner is worried about. he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you following that? >> yes. >> what do you think of that, and what do you think the congress thinks of that? >> well, it has to be raised. >> that's the power of the purse. >> the power of the purse is the power to spend. congress has already authorized and appropriated all of this money. now, it wants to come back in and prevent the government from paying the debts accrued by congress itself. so there is something absurd in congress coming in behind, and saying all of am money that we appropriated, we -- this money that we appropriated, we don't want to pay for it. w
and frankly, and that's what speaker boehner is worried about. he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you...
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Dec 13, 2012
12/12
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CNBC
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john boehner is the president's partner at this point. he can't wait for two years for a resolution of this problem. it would be damaging for the markets, for the economy. >> everybody, yeah. >> if this thing drifts for two years. certainly the president would like to have a democratic house, but he doesn't have one right now. he's not going to have one for some time, probably not going to have one after the 2014 elections. >> no? >> so i think this president is focused on trying to get john boehner and republicans to come his way on tax rates which is a position that's popular with the american public as our nbc/"wall street journal" poll showed this week and then get to the end stage bargaining on spending. >> so who prompted this meeting, john? you said there's a real shakeup, you're hearing about a shakeup. who prompted the meeting? was it the president or john boehner? >> reporter: i don't know that yet. i infer from what i heard about a shakeup being required that the speaker might have done it, but i don't know that yet. >> okay. w
john boehner is the president's partner at this point. he can't wait for two years for a resolution of this problem. it would be damaging for the markets, for the economy. >> everybody, yeah. >> if this thing drifts for two years. certainly the president would like to have a democratic house, but he doesn't have one right now. he's not going to have one for some time, probably not going to have one after the 2014 elections. >> no? >> so i think this president is focused...
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Dec 8, 2012
12/12
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rejected boehner's deal. it's hard to see how boehner will get a different outcome this time around. eric cantor looking right over his shoulder. you could make the argument that cantor is the big player who is not in the room. because if boehner does a deal with the president and goes back and tries to get the republicans to vote for it in the house and cantor says no, where are we? the president, calm, cool and collected and remembering what this election is all about. get your cell phones out. tonight's question. the president, calm, cool and collected and remembering what this election is all about. get your cell phones out. tonight's question. will republicans punish e speaker boehner for trying to work with the president? text a for yes, b to no to 622639. we'll bring the results later on in the show. joining me tonight is congressman emanuel cleaver from missouri. great to have you with us. >> good to be with you. >> i'd like to talk about the congressional black caucus if i could. they have been very,
rejected boehner's deal. it's hard to see how boehner will get a different outcome this time around. eric cantor looking right over his shoulder. you could make the argument that cantor is the big player who is not in the room. because if boehner does a deal with the president and goes back and tries to get the republicans to vote for it in the house and cantor says no, where are we? the president, calm, cool and collected and remembering what this election is all about. get your cell phones...
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john boehner nervous going into the weekend. long term still very good buy, holding above the 100 day moving average. we're seeing record amounts of gold going into etfs. big players are still very bullish on this market and we're hanging in there. let's move into the oil market a little bit as well. the oil market has been struggling. big supplies. we did get a bounce off the jobs report. we're back down a little bit today. and considering the fact that yes, we're way oversupplied in gasoline right now and there's a lot of supply of oil, you still have to worry about the concerns about the middle east heating up. going into a weekend i'm amazed we're not getting more of a rally off of that. back to you melissa and adam. melissa: that's a great point. phil flynn, thanks so much. adam: we have breaking news right now and this is of verying ford. ford is recalling 19,000 of 2013 fusion sedans for another -- this is the second recall for this vehicle according to "the wall street journal" here's the issue. it has to do with a codin
john boehner nervous going into the weekend. long term still very good buy, holding above the 100 day moving average. we're seeing record amounts of gold going into etfs. big players are still very bullish on this market and we're hanging in there. let's move into the oil market a little bit as well. the oil market has been struggling. big supplies. we did get a bounce off the jobs report. we're back down a little bit today. and considering the fact that yes, we're way oversupplied in gasoline...
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Dec 11, 2012
12/12
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we just talked about it with john boehner. does that help or hurt? >> home run for exchange trade for two reasons. whatever happens on the fiscal cliff, whatever they get their act together to do, two things will happen. tax rates will go up on capital gains and dividend. etfs or more tax efficient, more people will follow into that place. i also think some people trapped in mutual funds because they have low tax basis will do tax gains harvesting, realize their gains, pay 15% and move that money finally into cheaper, more tax efficient and better profits etf has to offer. >> trader talk column, trader talk cnbc.com in a few moments. that's what's hot, etfs. back to you. >> we look forward to that very much. thanks, guys. gold market selling off a little bit. at the close, sharon epperson tracking the action at the nymex. moving into stocks and out of the metals. >> they are. we're seeing a little bit of weakness in the gold futures price. gold etfs held up steadily over the last several weebs as well as record levels, in fact. in term of the flat pr
we just talked about it with john boehner. does that help or hurt? >> home run for exchange trade for two reasons. whatever happens on the fiscal cliff, whatever they get their act together to do, two things will happen. tax rates will go up on capital gains and dividend. etfs or more tax efficient, more people will follow into that place. i also think some people trapped in mutual funds because they have low tax basis will do tax gains harvesting, realize their gains, pay 15% and move...
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Dec 10, 2012
12/12
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CNN
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nobody spotted boehner coming or going. nobody is saying much beyond two statements, one from the white house, from one boehner's office. the wording here is identical, ening with this, the lines of communication remain open. the two men last spoke by phone on wednesday. ontry, mr. boehner said the white house had wasted another week for potential compromise. we don't know what prompted this meeting, just that for the first time in a while, the two sides are agreeing on something even if it's just the wording of their statements and keeping tight lipped about what was said. don? >> emily, thank you very much. >>> in today's meetings between president obama and speaker boehner, is it a sign we're close to a fiscal cliff deal? i asked cnn senior political analyst david gergen. >> they recognize the deadlines are coming at them fast and this week is a crucial week to see if they can get a breakthrough. they did it in private instead of the political theater we've been seeing is over the last couple weeks. i think that's encour
nobody spotted boehner coming or going. nobody is saying much beyond two statements, one from the white house, from one boehner's office. the wording here is identical, ening with this, the lines of communication remain open. the two men last spoke by phone on wednesday. ontry, mr. boehner said the white house had wasted another week for potential compromise. we don't know what prompted this meeting, just that for the first time in a while, the two sides are agreeing on something even if it's...
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Dec 12, 2012
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now, what needs to happen to persuade speaker boehner? i mean, do we need to raise lazarus from the dead? >> i don't know what we have to do. the public has clearly spoken. this election showed that people in regard to making less than $250,000 the tax cuts should be extended. we agree on that. we need to let that happen as soon as possible. but they have also said that those who have benefitted and are doing very well in our society should pay more. and so i don't know why they can't get this through their heads, martin. but they need to get it. because the public has spoken and the public has been very clear on that. >> and today former speaker nancy pelosi schooled speaker boehner on what it means to make difficult decisions as a leader. take a listen to this. >> i had to do it as speaker. do you know what it was like for me to bring a bill to floor to fund the war in iraq? so it's tough. but you have to do it. so is the point that you don't want to put your members on the spot, figure it out. we did. figure it out. >> there's nancy pe
now, what needs to happen to persuade speaker boehner? i mean, do we need to raise lazarus from the dead? >> i don't know what we have to do. the public has clearly spoken. this election showed that people in regard to making less than $250,000 the tax cuts should be extended. we agree on that. we need to let that happen as soon as possible. but they have also said that those who have benefitted and are doing very well in our society should pay more. and so i don't know why they can't get...
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Dec 13, 2012
12/12
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maybe, a deal that some conservatives say could cost speaker boehner his job. the a-team coming up next. lou: joining me now is the a-time, suzanne we start with you, is this going to be a deal or are speaker boehner and president obama wasting our time? the sticking point is not the tax rates, i think that real sticking poi is cuts, democrats are not willing to put forward enough cuts to get republicans to say what they promised they would do, at least consider the rate going up. lou: this -- president comes with a dia most recent counter offer, offer, i don't know why we are with him. has $2 of tax hikes for every well 70-cents of -- >> imaginary cuts. i suggestion that john boehner get a huge banner and wrap i around the capitol, "it's the spending, stupid." >> the truth is that tax receipts have risen, revenue for federal government has risen by 26%. 210, 2010, and 2011, there is room to perhaps give there. but, i have to ask you, am saying now. i was going to say, i think we're being gamed in a different way. i am now in school that believes this president
maybe, a deal that some conservatives say could cost speaker boehner his job. the a-team coming up next. lou: joining me now is the a-time, suzanne we start with you, is this going to be a deal or are speaker boehner and president obama wasting our time? the sticking point is not the tax rates, i think that real sticking poi is cuts, democrats are not willing to put forward enough cuts to get republicans to say what they promised they would do, at least consider the rate going up. lou: this --...
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Dec 12, 2012
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only 39% of republicans approve of boehner's handling of it. so it's not like he has the wind to his back. >> that's right. i think that speaks to, really, this is a fractionist party. boehner's is the leader of this house faction, but i think the republican party is very split nationwide and those polls suggest -- and i do think, also, that we're seeing a lot in the public play out. but there's all sorts of private talks going on that we just don't know about. you heard from pelosi today about talks that she had. of what her impressions of where this deal actually is. you heard from jay carney the same thing. they don't want to play this out in public. they don't want to play it out in that way because it might jeopardize a deal later on. on the one hand, you have boehner with a public theater that may not actually be in keeping with what is actually going on behind closed doors. i think both of these men are ultimately going to have to get a deal done. and both of them are thinking about their legacy. they're also thinking about what it's goi
only 39% of republicans approve of boehner's handling of it. so it's not like he has the wind to his back. >> that's right. i think that speaks to, really, this is a fractionist party. boehner's is the leader of this house faction, but i think the republican party is very split nationwide and those polls suggest -- and i do think, also, that we're seeing a lot in the public play out. but there's all sorts of private talks going on that we just don't know about. you heard from pelosi today...
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Dec 10, 2012
12/12
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finally, the shot caller is boehner. the way he should get barack because he loves to smoke cigarettes and you know michele with those pythons will choke him. golf with me. put your ssice. sigrid's service agent. he has that chesterfield no filters, and we will negotiate this will smoke and a few paxson and a comeback. that's how they are negotiated. lou: and as he said, we will come back and continue this negotiation in just moments. stay with us. ♪ ♪ lou: back with the a-team, and i want to turn, if i may, to george zimmerman suing nbc because of the outrageous job of editing, they did, in my opinion, outrageous, clearly, intentional. what do you think the chances of are prevailing? >> oh, damn good because nbc, says, oh, oh, the videographer, audio, video edit, it's, you know, he just snipped it in the wrong place. they'll blame the engineer, the video and the audio editor opposed to blaming their politics over it. lou: you agree? >> i see settlements, big time settlements, and i would settle if i were nbc. lou: w
finally, the shot caller is boehner. the way he should get barack because he loves to smoke cigarettes and you know michele with those pythons will choke him. golf with me. put your ssice. sigrid's service agent. he has that chesterfield no filters, and we will negotiate this will smoke and a few paxson and a comeback. that's how they are negotiated. lou: and as he said, we will come back and continue this negotiation in just moments. stay with us. ♪ ♪ lou: back with the a-team, and i want...
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Dec 5, 2012
12/12
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we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say
we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key...